The iron ore from Minnesota combined with a new steel works in Iowa. GOOD STUFF!
Today, President Donald J. Trump announced one of the largest steel plants in American history: a $15 billion Mesabi Metallics mill in Iowa. The project will create 1,750 permanent Iowa jobs, support up to 6,000 construction jobs, and is projected to add $95 billion to the U.S. economy over the next decade.
The mill will produce 7.5 million tons of steel per year in its first phase, rising to about ten million tons, using iron ore from Mesabi Metallics’ newly opened Minnesota mine — the first new iron ore mine in the United States in 50 years. {MORE}
The Question and Answer session begins at 22:40. WATCH:
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Posted in Donald Trump, Economy, Election 2026, energy, EPA, President Trump, Trade Deal, Uncategorized
Wow! What I voted for. A president more interested in outcomes than winning arguments.
Wow indeed!
Agree. Now extend to electric power transmission, nuclear power, and more refineries.
Excellent! More please!
“With a load of iron ore twenty-six thousand tons more than the Edmund Fitzgerald weighed empty…” The Wreck of the Edmund Fitzgerald Gordon Lightfoot 1975
Sorry, Sundance, great story, but these were honestly the very first words that hit my mind before I could even finish reading it!
Gordon Lightfoot.
Back when a Canadian could sing a popular song about an American ship and American steel. And American men.
Now let’s talk about the robotics and AI logistics that will be involved in this plant production. No one wants to talk about this. Tick tock
SI will support labor and make it super productive. Much higher paying than the old steel mills from 75 years ago. 100% good news. No worries.
Yes, highly automated just like automobile plants.
Notice he said he plant will produce steel that is cost competitive with what China can produce. Technology is one way of supporting that goal.
The project will create 1,750 permanent Iowa jobs. But 50 years ago it could have been 5000 jobs, right John?
A new steel plant is news that wins elections.
LOL…….what a timeline to be alive.
It will be interesting to see where one of the messiest parts of the steel making process, Coke is made.
The US has the coal but the process is messy and will be costly to avoid the real pollution issues with the process of making coke. This will require a major capital investment to build up Coke plants.
I grew up near the Coke Plants in Southwestern PA .. it was not pleasant to say the least.
This will also require other processed minerals such as limestone.
Allot of peripheral benefits to industries that supply the other ingredients needed to make steel as well as the special alloys of steel needed for industry and defense.
Yes, and the local residents who are having meltdowns over a data center nearby are going to welcome a steel mill with open arms?
Depends on the processes used to actually make the steel and coke.
Even in the 1970’s the Germans and Japanese had already started perfecting “clean processes” for producing steel and coke. One of the major dirty secrets in the US was the cost to pay the Unions combined with the need to compete with subsidized German, Argentine, Brazilian and Japanese Steel Producers.
The reason all those filthy mills along the Allegheny and Monongahela Rivers in Southwestern PA ran so dirty using “older processes” was the capital cost to the owners to invest, cost to pay union workers and comply with emerging clean air standards as they competed vs subsidized foreign competitors, who were also modernizing.
This is a “Japanese Process” Plant, which means it is likely to run very very clean for metal producing factory.
The Clairton Coke Works (outside of Pittsburgh) is the largest coking operation in North America, and possibly the world. The 392-acre facility has operated since the beginning of the 20th century and is capable of producing 4.7 million tons of coke annually in its nine batteries. It can easily be transported by a combination of barge and rail to Iowa. I grew up very near there and have the lungs to show for it.
I can sympathize.
I grew up North of you, near Beaver Falls, PA.
There will be plenty of petroleum coke I suspect in the near future in addition to the coke made from high grade anthracite.
Turns out that one can create more than a fair bit of petroleum coke out of the residuals left from refining the heavy sour crude from either Venezuela or Canada.
Having options for industry will open up the possibilities.
The United Kingdom is down to one blast furnace, with efforts being made to close that remaining one down. They had a hundred or more during World War Two. Their goose is cooked.
This is fantastic! Great job President Trump and Project Team!
Prayers it actually gets built and produces. These things take a long time and that means any of a hundred parties can stop it.
I live less than 5 miles from the largest hole in the ground ever: the Ohio Intel fabs. Was supposed to start ops this year and there is not even a whisper as to when it’s a go. Billions in tax subsidies and yet zero return.
looks pretty solid.
Mesabi Metallics is owned by Essar Group,
an Indian multinational conglomerate company.
although privately held, as of 2022 total assets of Essar Group
are estimated at U.S. $6.6 Billion.
https://en.wikipedia.org/wiki/Essar_Group
How many H1Bs will they import for the jobs “Americans won’t do”.
I’m not trying to pee on the parade. Just live in realville. I remember when the Keystonw pipelines were announced and here we are 20 years later and oil still not flowing.
Can’t disagree with you. The reality is that allot of this hinged upon Presidential Executive Orders removing regulations, rewriting interpretations of regulations (i.e. mainly by the EPA) … with zero support from Congressional Legislation and likely little support from State Governments.
It only took the JoeBama Auto Pen and Blue State Governments 4-years to wreck every thing after recording historical levels of performance by 2020 .. down to new all time lows because they were not backed nor protected by Federal Legislation.
There is an incredible live video report in this Tweet below.
WHAT a justaposition within one media segment. Canada losing 500 steel jobs due to Chinese imports, while President Trump announces building America’s largest steel mill in Iowa due to blocking Chinese imports. Seriously. WATCH:
I live 15mins away from that plant. The Hamilton voter is about as far left as you can get! During election years it is soul sucking to drive and see the swaths of red and orange (liberal and NDP) election yard signs.
Sorry Hamilton! You get what you vote for!
Interesting is that I am seeing a huge spike in users watching conservative Podcasts and YouTube channels.
Hopefully this is a sign that Canadians are finally aware of our corrupt media.
Better still would be to see Americans tune in to see what voting Democrat in the mid terms will do to their country.
President Trump’s entire campaign strategy should be to expose life in Canada under liberal rule. It is dreadful!
DD
While good news, I’m still digesting the ownership here:
Mesabi Metallics is a wholly-owned subsidiary of the Essar Group, an India-based multinational conglomerate. The Essar Group provides the primary financial backing for Mesabi Metallics’ operations in Minnesota and its planned $15 billion steel plant in Iowa. News sources confirm the ownership remains with Essar Group, chaired by Indian national Rewant Ruia.
Well, Drat! I’m pretty sure there are enough tech billionaires to fund this project, completely American Made!
Why don’t they step up and buy out Mesabi, or start another mine and build their own mill?
Damned dot Indians…… damn them……
Yes, I’ve worked with them…
Our president is securing foreign investment from Japanese steel as well. I’m all for any money coming into the country that provides jobs and grows GDP.
US Steel is owned by Nippon Steel .
The one question will be the H1b visas. Currently that is blocked if I read the latest news but who knows when the time comes for hiring.
There he goes, trying to meddle in the election.
This is impeachable, no?
Minnesota’s leaders do not deserve this good fortune heaped on them.
I hope they don’t screw it up because it was done by President Trump.
Rebuild the U.S.Navy. Need that steel.